U.S. Hurricane Center says 70 percent chance of cyclone developing near Florida

(Reuters) - An area of low pressure located just inland near St. Augustine, Florida, has a 70 percent chance of developing into a tropical cyclone in the next 48 hours, the U.S. National Hurricane Center said on Tuesday. The system is expected to move north-northwestward to northward at 10-15 miles per hour on Tuesday night, near and parallel to the northeast coast of Florida, the Miami-based weather forecaster added. (Reporting by Harshith Aranya in Bengaluru; Editing by Leslie Adler)